Earnings ·
Reports Q3 diluted EPS of $1.80 and $608.9M in direct premiums written
UVEUniversal Insurance Holdings, Inc.
Universal Insurance Holdings reported third-quarter 2026 results with diluted GAAP earnings per share of $1.80, up 30.4% from the prior year quarter. Adjusted diluted EPS was $1.93. The company generated $608.9 million in direct premiums written, a 2.7% increase year-over-year, driven by growth outside Florida. Net income available to common stockholders rose to $52.5 million from $39.8 million. The net combined ratio improved significantly to 91.0% from 96.4%, aided by a lower ceded premium ratio of 27.6%. During the quarter, the company repurchased approximately 174,000 shares for $7.4 million. Universal Insurance Holdings is a holding company providing property and casualty insurance and value-added insurance services.